Equipment Finance

Delivering simple, fast, and competitive equipment financing solutions.

NewLane Finance: Specializing in Equipment Finance

NewLane Finance is the equipment finance subsidiary of WSFS Bank that provides small to mid-size businesses nationwide with a simple, secure, and fast lending experience.

With NewLane’s point-of-sale financing solutions, equipment dealers and distributors can increase their equipment sales while simplifying how businesses purchase essential equipment. NewLane specializes in a broad range of industries, including:

Audio/visual media
Automotive
Cleaning equipment
Commercial and industrial equipment
Food services
Healthcare
Information technology
Light industrial
Office equipment
Recycling
Titled vehicles
Veterinary

NewLane delivers a streamlined financing process, from professionals with decades of industry experience.

Contact NewLane Finance today to get started.

Tips for Managing Your Small Business’ Assets

Having a solid strategy is always a critical component of any small business’ success, regardless of the economy it is operating in. Applying a successful strategy for your business to stave off the impacts of inflation and rising interest rates can be daunting, however, making it even more important that your plan is solid and tailored to your business’ specific needs.

A Big Tax Write-Off for Small Business: What is IRS Section 179?

Today’s economy is creating challenges for many small businesses. Many things seem to be changing quickly. But one important thing has not changed: Section 179 of the IRS Tax Code. When small businesses use financing to purchase certain categories of equipment or software, they can take advantage of a powerful tax write-off.

Top Things to Consider When You Need an Equipment Finance Partner

The right finance partner can make a huge difference in the structure, operations, and growth of your company. This relationship can be the difference between growing your business and remaining stagnant; winning new business and losing potential customers to a competitor; or even loyal employees leaving and high turnover rates. So why do so many equipment sellers settle for less than top-tier equipment finance partners?